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Adolescent Banking

Teaching management, finance apps offer youth insight via digital interaction

Implications - Going beyond traditional piggy banks, parents are turning to apps and online features to encourage management skills and financial literacy. Using social media and smartphone usage to combine lessons about finance with entertainment, these digitized techniques speak to a desire to introduce responsibility early on.

SCORE 3.4

Popularity

Activity

Freshness

Megatrends

Patterns

4 Featured, 27 Examples: 46,745 Total Clicks

Date Range: Jul 14 - Dec 15

Trending: Mild

Consumer Insight Topics: Tech Mobile Lifestyle Youth Life-Stages Credit Crunch

Featured Examples

Child Banking Services - Osper Allows Parents to Empower Children with a Sense of Financial Freedom

SCORE 4.9

Average 2,132 Clicks Pub: Jul 4, 14

Child Banking Services

Osper Allows Parents to Empower Children with a Sense of Financial Freedom

Osper is a mobile-only banking service targeted towards the youngest millennials—teenagers and children aged 8 and over. The app aims to teach young people financial responsibility and empower... [More]

Parent-Approved Allowance Apps - The iAllowance Personal Finance App is Made for Tweens and Teens

SCORE 4

Average 385 Clicks Pub: Dec 1, 15

Parent-Approved Allowance Apps

The iAllowance Personal Finance App is Made for Tweens and Teens

Parental influence over tweens and teens when it comes to finance is a difficult area to navigate, so the iAllowance personal finance app is designed to work with parents and children alike to... [More]

Parent-Controlled Banking Apps - This New Finance App Facilitates Peer-to-Peer Money Transfers

SCORE 2.5

Untested 2,639 Clicks Pub: Aug 5, 15

Parent-Controlled Banking Apps

This New Finance App Facilitates Peer-to-Peer Money Transfers

Technology firm Virtual Piggy has released a new version of its Oink app that is intended to help young consumers learn how to manage their money. The app is largely targeted at Millenials and... [More]

Teenager Finance Trackers - BillTracker is a Bill Management App That Puts Everything in One Place

SCORE 2

Untested 196 Clicks Pub: Dec 1, 15

Teenager Finance Trackers

BillTracker is a Bill Management App That Puts Everything in One Place

The modern teenager has more control over spending habits than ever, which means that bill management is a top priority for many to ensure they don’t damage their credit before their adult... [More]